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CENTRAL PETROLEUM COMMENCES GLOBAL SEARCH FOR PEDIRKA BASIN UCG/GTL COMMERCIALISATION PARTNERS

Petroleum and minerals explorer, Central Petroleum Ltd (ASX Code CTP-“Central” or “CTP”) have pleasure in announcing that they have entered into a Deed of Cooperation with Allied Resource Partners Pty Ltd, (“ARP”) to oversee the sourcing of funding and technology for a series of underground coal gasification (“UCG”)/gas-to-liquids (“GTL”) Projects aimed at, inter alia, developing energy security for Australia in liquid transport fuels.


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